As a taxpayer in the United States you have certain obligations, if you are delinquent in these obligations you may find yourself in deep trouble with the IRS. The IRS has a complete tool box available to them to extract payments from delinquent taxpayers; garnishment of one’s wages is by far the most common method that the agency employs to ensure that they get their money. For debtors that have a regular source of income, IRS wage garnishment will ensure the agency that payments are made against their tax debt.
When the IRS garnishes the wages of a delinquent taxpayer a certain amount of money is deducted every pay period by the employer, this money is then remitted to the IRS to settle the tax debt. Those that are facing garnishment of their wages or levies placed on their bank account can have a significant impact on the individual and his or her family and they should discuss the problem with an Atlanta garnishments attorney at the earliest opportunity.
When wages are garnished by the IRS it ensures that the tax delinquent cannot hide his or her earnings, it is the legal responsibility of the employer to ensure payments are made. The amount of money that is withheld depends on a number of factors including the income and expenses of the individual. The limits that are placed on an IRS garnishment are high but the amount can be negotiated by an Atlanta garnishments attorney. Unfortunately the amount that the IRS leaves for living expenses has little to do with the unique circumstances of the debtor, the amounts are all set based upon a national average. Unless negotiated, this may leave the debtor short of what he or she needs to maintain the family lifestyle.
Obviously the best way to avoid having your wages garnished by the IRS is to file your tax return and pay on time. The IRS does not take garnishment lightly; it only becomes an issue when the debtor simply refuses to deal with the problem. Attempting to conceal a tax debt is fruitless and it will only increase the risk of garnishment. The IRS would much rather work out a more amenable payment package, this is where the Atlanta garnishment attorney can help.
Although garnishment may be harsh, the IRS can go further; they have the right to seize your property to pay off your debt, this includes personal possessions, retirement accounts and your vehicles. The worst case scenario is a combination of asset seizure and garnishment and the IRS have that power.
If you are having tax problems and you find yourself facing garnishment of your wages then you are advised to seek the assistance of an Atlanta garnishments attorney. You are invited to contact Jeffrey L. Cohen, Attorney at Law.
